I am just speculating here, but what if #1 is a wholesaler stalling until they get their end buyer?

You would have to know were the buyers land speculators or actual developers expressing interest building on the land??

When you're paying retail for a property, you're NOT investing, you're speculating.

I’m speculating beyond my expertise and the info you've shared here, but these are just the questions that come to mind.Set her up to succeed. 

Here are your risks:1 - Acting too soon without the proper knowledge of how to analyze Markets2 - Acting too soon without the proper knowledge of how to analyze Rehab3 - Acting too soon without the proper knowledge of how to analyze Properties you find in the correct market4 - Acting too soon without the proper knowledge of how money works5 - Not understanding the power of a team/partners & thinking it's more profitable to do it all yourself (this is especially true about rehab)6 - Not having a Power Team in place to execute multiple deals at one time7 - Inaction8 - Not knowing the difference between Investing and Speculating, and thinking they are the same thing.9 - Emotional responses...the numbers don't lie, don't argue with them10 - Fear holding you back

I knew I was speculating on the $225k condo, but in 2011, I figured I couldn't lose, and I financed 97% of it.    

Or you could just increase the security deposit, so rather than speculating that the pets will do more damage than, say, children (and for whom you can't charge extra kid rent, for better or worse), the tenants are only pet penalized if their individual pets actually cause actual damage. 

Would it be overly speculative to be developing houses in San Antonio and for what type of investor should I be aiming for?

The interest proffered by the housing provider may not be hypothetical or speculative, meaning the housing provider must be able to provide evidence proving both that the housing provider has a substantial, legitimate, nondiscriminatory interest supporting the challenged policy and that the challenged policy actually achieves that interest.

He received no rent and never intended to rent the home.There is speculation that this ruling would allow a lawyer to sue the mortgage company over lead paint contamination, due to the broad interpretation of "owner".Another case overruled legislation that capped liability for lead paint law suits at $17,500.